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Personal Finance/Reverse Rate Calculator

Reverse Rate Calculator

Want to take home $80K? Enter your target net income and we'll reverse-engineer your hourly, daily, and project rates.

TARGET-FIRSTTarget-first pricingTax & cost breakdownCapacity analysisDay/project rates
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Software, equipment, insurance, coworking
Enter your target income to calculate your rates

About this tool

What is this tool?

Want to take home $80K? Find out what to charge. Target-first freelance pricing, free.

Target-first pricingTax & cost breakdownCapacity analysisDay/project rates

What Is the Reverse Rate Calculator?

A reverse pricing calculator for freelancers and consultants. Instead of asking "what's my hourly rate?", it asks "I want to take home $X — what must I charge?" It factors in taxes, business costs, non-billable time, and vacation to calculate the minimum hourly, daily, and project rates you need.

How to Use the Calculator

Enter your target annual net income (what you want in your pocket). Add your effective tax rate, annual business costs, working hours per week, billable percentage, and vacation weeks. The tool instantly shows your required hourly rate, day rate (8 hours), and project rate. The breakdown shows how much goes to taxes, costs, and your pocket per billable hour.

Frequently Asked Questions

How is this different from a regular rate calculator?

Most calculators start with your hourly rate and calculate your income. This tool works backwards — you enter your target take-home income and it calculates the minimum rate you need to charge. This is more aligned with how freelancers actually think about pricing.

What is billable percentage?

Billable percentage is the portion of your working hours that you actually bill to clients. The rest goes to admin, marketing, learning, and breaks. Most freelancers bill 50-70% of their time. If you bill 60% of a 40-hour week, that's 24 billable hours per week.

Does this account for taxes?

Yes. Enter your effective tax rate (not your bracket — your actual rate after deductions). The tool calculates the gross income needed to hit your target after taxes and business costs.

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